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January 25, 2018
1:00PM - 5:00PM ET


Knowledge of auditing of employee benefit plans

Course Description

It is important for industry accountants and human resource managers to know the latest regulatory update impacting the employee benefit sector. This course will help you gain an understanding of Jim Woy's 2016 'need to knows' as it relates to current Accounting Standard Updates (ASUs) specific to the employee benefit industry. Specific topics covered include recently issued Statements on Auditing Standards (SASs) impacting employee benefit plans, the current industry developments including the newly simplified financial statement disclosures, and problems auditors are having in performing employee benefit plan audits, specifically limited scope audits.


James E. Woy, CPA

Jim Woy, CPA, is a provider of auditing, accounting, and financial reporting services. Jim also performs peer reviews and presents numerous continuing education courses in the audit and accounting field. He also oversees tax services for corporations, partnerships, individuals, and nonprofit organizations. His service concentrations are government, nonprofit, construction, and health care.

With 36 years in public accounting, Jim is a member of the American Institute of CPAs (AICPA) and was awarded the 2013 and 2014 Outstanding Instructor award from the AICPA. He is also a member of the Montana Society of CPAs and the Butte Chapter of the Montana Society of CPAs. In addition, Jim is an adjunct instructor of auditing at Montana Tech and the University of Montana MAC program. He graduated from the University of Montana with a Bachelor of Science in Accounting and is an enthusiastic runner in his spare time. Jim is also the past president of the Butte Family YMCA and the Butte Exchange Club, serves on the Education and Conference Task Force (ECTF) of the AICPA Peer Review Board, and is a technical reviewer for the MSCPA Peer Review Committee.

Jim has been married for 39 years to his wife Kate and has two daughters, Ashley and Alyssa, and six grandchildren. Jim is a diehard Chicago Cubs fan and waits for the day to see the Cubs win the World Series.

Course Specifics

Jul 21, 2016
Knowledge of auditing of employee benefit plans

Compliance Information

Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of this course, participants will be able to:


  • Discuss the 2016 Regulatory Update
  • Identify the latest accounting and auditing 'need to knows'
  • Cite the recently issued or soon to be issued regulations for employee benefit plans
  • • Identify the newly simplified disclosure requirements for plan financial statements
  • Cite problems auditors are having performing limited scope audits

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